Nasdaq Dorsey Wright

Comments include: CBRL, FFIV, & LEN.

CBRL Cracker Barrel Old Country Store, Inc. ($41.90) - Restaurants - CBRL broke a double bottom at $42 for a third sell signal since September. The stock has falllen to a 2 for 5'er and now ranks within the bottom quartile of the Restaurants sector matrix. From here, support lies at $40, while the April 2025 chart lows sit in the mid $30s.

FFIV F5 Inc. ($342.58) - Internet - FFIV moved higher Wednesday to break a double top at $336, notching a sixth consecutive buy signal before marking a new all-time high at $340. This 5 for 5’er has maintained a positive trend since July 2024 and sits in the top half of the favored internet sector RS matrix. The stock is actionable on this breakout. Initial support can be seen at $320. Note that earnings are expected on 10/27.

LEN Lennar Corporation ($120.05) - Building - LEN broke a double bottom at $120 for a second sell signal and to violate the bullish support line. This will drop the stock down to a 2 for 5'er with the trendline violation, and now places the market RS chart within one box of reversing into Os. From here, support lies at $112 and $108.

REPORT

DATE

Upcoming Events

REPORT

DATE